In this episode of the Industrial Insights podcast, Justin Smith interviews Scott Weiss, VP of Technical Sales at Maersk, discussing the evolving landscape of the 3PL industry, the impact of COVID-19 on supply chains, and the importance of understanding global supply chain dynamics. Scott shares insights on the value of a great 3PL provider, the significance of IT in modern warehousing, and the challenges of labor markets. The conversation also touches on the decision-making process between insourcing and outsourcing, the role of automation in warehouses, and future trends in the industry.

Key Takeaways

• Real estate rates only go up over time.
• Companies must consider the entire global supply chain.
• A great 3PL adds value beyond order fulfillment.
• Not every 3PL partnership is a good fit. The 3PL landscape has changed significantly over the years.
• IT integration is crucial for modern warehousing. There is no one-size-fits-all model for warehousing solutions.
• Warehouse automation is a growing trend but must be tailored to customer needs.
• Labor market challenges are significant in the warehousing industry.
• Continuous improvement is essential for 3PL success.

Chapters

• 01:45 - Post-COVID Supply Chain Adjustments
• 03:44 - Understanding Global Supply Chain Dynamics
• 05:12 - The Importance of Real Estate in Logistics
• 06:42 - Maersk's Unique Position in the Market
• 09:05 - Best Practices in 3PL Relationships
• 11:53 - Identifying the Right Fit for 3PL Partnerships
• 13:34 - Implementation Challenges in 3PL
• 16:17 - Evolution of the 3PL Landscape
• 19:07 - The Role of IT in Modern Logistics
• 22:07 - Insource vs. Outsource: Finding the Right Balance
• 23:20 - Exploring Outsourcing Models
• 25:57 - Warehouse Automation Adventures
• 32:40 - Labor Market Dynamics
• 40:07 - Future Trends in Warehousing

Episode Resources

Connect with Scott Weiss

• https://www.linkedin.com/in/scottweisslogistics/
• https://www.maersk.com/
• https://www.linkedin.com/company/maersk-group/

Connect with Justin Smith

• https://smithcre.com/
• https://www.lee-associates.com/
• [email protected]
• https://www.linkedin.com/in/justinbsmith